Norwegian Top Stock Picks from Analysts

DOF Group

Market Cap: NOK 19.9b

Owns and operates a fleet of offshore and subsea vessels.

Cadeler

Market Cap: NOK 19.0b

Engages in offshore wind farm installation, operations, and maintenance services in Denmark.

Wilh. Wilhelmsen Holding

Market Cap: NOK 16.5b

Provides maritime products and services worldwide.

BWG

Market Cap: NOK 15.6b

An investment holding company, engages in ship owning and chartering activities worldwide.

AutoStore Holdings

Market Cap: NOK 15.6b

Provides robotic and software technology in Norway, Germany, Europe, the United States, Asia, and internationally.

TGS

Market Cap: NOK 15.1b

Provides geoscience data services to the oil and gas industry in Norway and internationally.

Stolt-Nielsen

Market Cap: NOK 12.4b

Provides transportation, storage, and distribution solutions for bulk liquid chemicals, edible oils, acids, and other specialty liquids worldwide.

Odfjell

Market Cap: NOK 7.7b

Provides services for the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products in North America, South America, Norway, the Netherlands, rest of Europe, the Middle East, Asia, Africa, and Australasia.

Paratus Energy Services

Market Cap: NOK 6.0b

Through its subsidiaries, owns and manages jack-up drilling rigs under contracts in Mexico.

Hexagon Composites

Market Cap: NOK 3.8b

Engages in the manufacture and sale of composite pressure cylinders and fuel systems for alternative fuels in Europe, North America, South-East Asia, Africa, Oceania, and Norway.

Solstad Offshore

Market Cap: NOK 3.1b

Owns and operates offshore service vessels.

Akastor

Market Cap: NOK 3.0b

Operates as an oilfield services investment company in Norway and internationally.

Sea1 Offshore

Market Cap: NOK 3.0b

Owns and operates offshore support vessels for the offshore energy service industry.

Agilyx

Market Cap: NOK 2.8b

Provides plastic waste solutions in Europe, the United States, and the Asia pacific.

Shelf Drilling (North Sea)

Market Cap: NOK 2.9b

Operates as a shallow water offshore drilling contractor in Denmark, Qatar, the United Kingdom, and Norway.

Andfjord Salmon Group

Market Cap: NOK 2.7b

Engages in the development of land-based farming of Atlantic salmon in Norway.

Gentoo Media

Market Cap: NOK 2.7b

An iGaming technology company, together with its subsidiaries, provides solutions, products, and services to iGaming operators in Nordic countries, other European countries, and internationally.

Panoro Energy

Market Cap: NOK 2.6b

An independent exploration and production company, engages in the exploration, development, and production of oil and gas properties in Africa.

Moreld

Market Cap: NOK 2.2b

Provides integrated solutions for the energy, marine, and industrial sectors in Norway and internationally.

Napatech

Market Cap: NOK 1.9b

Provides programmable smart network interface cards and infrastructure processing units for cloud, enterprise, and telecom datacenter networks in the Americas and internationally.

Archer

Market Cap: NOK 1.9b

Provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally.

Ventura Offshore Holding

Market Cap: NOK 1.8b

A deepwater drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

Northern Ocean

Market Cap: NOK 1.8b

A drilling contractor, provides offshore contract drilling services for the oil and gas industry worldwide.

Smartoptics Group

Market Cap: NOK 1.8b

Provides optical networking solutions and devices in the Americas, EMEA, and APAC.

OKEA

Market Cap: NOK 1.7b

An oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf.

Norsk Titanium

Market Cap: NOK 1.6b

Engages in 3D printing of metal alloys for commercial aerospace, defense, and industrial sectors in Europe and the United States.

Odfjell Technology

Market Cap: NOK 1.6b

A technology and engineering company, provides well, drilling operations, and engineering services in Norway, the United Kingdom, Malaysia, Europe, Asia, and internationally.

Aker Carbon Capture

Market Cap: NOK 1.5b

Operates as a carbon capture company.

Photocure

Market Cap: NOK 1.4b

Engages in the research, development, production, distribution, marketing, and sale of pharmaceutical products.

Magnora

Market Cap: NOK 1.4b

Operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom.

Deep Value Driller

Market Cap: NOK 1.3b

Engages in owning, contracting, and managing drilling rigs in West Africa, International Waters, and Norway.

Shelf Drilling

Market Cap: NOK 1.2b

Operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and the North Sea.

Pyrum Innovations

Market Cap: NOK 1.0b

Engages in the development, construction, and operation of recycling plants for used tires worldwide.

Elliptic Laboratories

Market Cap: NOK 1.0b

An artificial intelligence (AI) software company, engages in the provision of AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive industries in Norway, the United States, China, South Korea, Taiwan, and Japan.

Havila Kystruten

Market Cap: NOK 915.9m

Operates as a shipping company in Norway.

Aker Horizons

Market Cap: NOK 897.5m

Through its subsidiaries, develops and invests in renewable energy and green technology private and public companies worldwide.